TESSON HOLDINGS (01201) Partners with Timesnano and Zhonghui Intelligence to Launch Strategic Cooperation in Hong Kong

Stock News
12/22

TESSON HOLDINGS (01201) announced that it has entered into a strategic cooperation agreement with Fujian Timesnano Technology Co., Ltd. (Timesnano), a China-based company specializing in R&D and industrialization of new energy storage applications, and Zhonghui Intelligence Technology Co., Ltd. (Zhonghui Intelligence), a Hong Kong-based operator of ultra-fast EV charging stations.

The collaboration aims to introduce Timesnano’s globally pioneering zero-carbon microgrid business model, integrating solar power, energy storage, charging, and battery inspection, into Hong Kong. The project will establish high-power charging facilities equipped with cutting-edge battery performance testing technology and develop an urban-level zero-carbon industrial internet ecosystem platform.

This initiative is expected to provide robust safety and technological support for Hong Kong’s EV development, while building a big-data-driven battery asset management system and aftermarket service network covering battery safety, efficiency, and lifecycle optimization. The adoption of battery inspection technology may also unlock opportunities for the local development of power battery echelon utilization.

TESSON HOLDINGS plans to initially deploy advanced high-speed charging piles with integrated inspection capabilities at Zhonghui Intelligence’s charging stations, enabling real-time battery diagnostics during charging. The company will also invest in battery dismantling, safe storage facilities, and a comprehensive power battery aftermarket service system.

Power battery echelon utilization involves repurposing retired EV batteries—after processes like disassembly, screening, refurbishment, regrouping, balancing, and testing—for applications in energy storage systems, low-speed EVs, and electric utility vehicles before final recycling. This approach extends battery lifespans, maximizes resource efficiency, and supports circular economy and low-carbon development goals.

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